NYSE:CSR Centerspace (CSR) Stock Forecast, Price & News $60.40 +0.65 (+1.09%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$59.93▼$61.9450-Day Range$59.39▼$66.5152-Week Range$51.26▼$71.97Volume101,140 shsAverage Volume73,691 shsMarket Capitalization$902.98 millionP/E Ratio27.58Dividend Yield4.83%Price Target$70.80 ProfileProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Centerspace MarketRank™ ForecastAnalyst RatingHold2.17 Rating ScoreUpside/Downside17.2% Upside$70.80 Price TargetShort InterestHealthy0.79% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.27Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth-1.94%From $4.65 to $4.56 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.03 out of 5 starsFinance Sector603rd out of 809 stocksReal Estate Investment Trusts Industry129th out of 172 stocks 2.1 Analyst's Opinion Consensus RatingCenterspace has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 1 buy rating, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $70.80, Centerspace has a forecasted upside of 17.2% from its current price of $60.40.Amount of Analyst CoverageCenterspace has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.79% of the outstanding shares of Centerspace have been sold short.Short Interest Ratio / Days to CoverCenterspace has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Centerspace has recently increased by 11.06%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipCenterspace is a leading dividend payer. It pays a dividend yield of 4.76%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCenterspace does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Centerspace is 133.33%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Centerspace will have a dividend payout ratio of 64.04% next year. This indicates that Centerspace will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CSR. Previous Next 2.4 News and Social Media Coverage News SentimentCenterspace has a news sentiment score of 0.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.72 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Centerspace this week, compared to 1 article on an average week.Search Interest4 people have searched for CSR on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Centerspace insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.86% of the stock of Centerspace is held by insiders.Percentage Held by Institutions78.97% of the stock of Centerspace is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Centerspace are expected to decrease by -1.94% in the coming year, from $4.65 to $4.56 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Centerspace is 27.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.52.Price to Earnings Ratio vs. SectorThe P/E ratio of Centerspace is 27.58, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 89.26.Price to Earnings Growth RatioCenterspace has a PEG Ratio of 1.88. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCenterspace has a P/B Ratio of 1.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Centerspace (NYSE:CSR) StockCenterspace is an owner and operator of apartment communities committed to providing great homes by focusing on integrity and serving others. Founded in 1970, as of June 30, 2023, Centerspace owned interests in 75 apartment communities consisting of 13,497 apartment homes located in Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota. Centerspace was named a Top Workplace for the fourth consecutive year in 2023 by the Minneapolis Star Tribune.Read More CSR Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CSR Stock News HeadlinesSeptember 18, 2023 | americanbankingnews.comCritical Analysis: Weyerhaeuser (NYSE:WY) versus Centerspace (NYSE:CSR)September 16, 2023 | americanbankingnews.comFinancial Review: Clipper Realty (NYSE:CLPR) & Centerspace (NYSE:CSR)September 22, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!September 16, 2023 | americanbankingnews.comEssex Property Trust (NYSE:ESS) versus Centerspace (NYSE:CSR) Head to Head ComparisonSeptember 15, 2023 | finance.yahoo.comThe Zacks Analyst Blog Highlights Invitation Home, American Homes 4 Rent and CenterspaceSeptember 14, 2023 | finance.yahoo.com3 Top Inflation-Beating REITs You'll Regret Not Buying SoonAugust 24, 2023 | finance.yahoo.comCENTERSPACE ANNOUNCES FOURTH ANNUAL ENVIRONMENTAL, SOCIAL, AND GOVERNANCE REPORTAugust 9, 2023 | msn.comCenterspace: Improving Debt Position, Shares Fairly ValuedSeptember 22, 2023 | Chaikin Analytics (Ad)Legendary Stockpicker: "Buy this A.I. stock NOW"His award-winning system pinpointed NVDA and META before both stocks doubled. Now it's flashing "BUY" on this under-the-radar A.I. stock. MORE HERE...August 1, 2023 | seekingalpha.comCSR.PC Centerspace 6.625% CUM PFD CJuly 25, 2023 | finance.yahoo.comCENTERSPACE APPOINTS JOSH KLAETSCH DIRECTOR OF INVESTOR RELATIONSJuly 12, 2023 | finance.yahoo.comCENTERSPACE ANNOUNCES DATES FOR THE EARNINGS RELEASE AND CONFERENCE CALL FOR THE SECOND QUARTER OF 2023May 30, 2023 | msn.comCenterspace: Rental Growth Will Fuel Growth In 2023 And BeyondMay 16, 2023 | seekingalpha.comCenterspace (CSR) Investor Presentation - SlideshowMay 15, 2023 | finance.yahoo.comProterra Investment Partners to launch real estate investment strategy with accomplished industry veteranMay 4, 2023 | msn.comRBC Capital Maintains Centerspace (CSR) Sector Perform RecommendationMay 3, 2023 | markets.businessinsider.comAnalyst Ratings for CenterspaceMay 3, 2023 | msn.comColliers Securities Upgrades Centerspace (CSR)May 2, 2023 | theglobeandmail.comCenterspace Reports First Quarter 2023 Financial Results and Affirms 2023 Core FFO GuidanceMay 1, 2023 | msn.comCenterspace (CSR) Q1 FFO Meet EstimatesApril 19, 2023 | markets.businessinsider.comInvestors Real Estate Trust Registered Shs of Benef InterestApril 12, 2023 | finance.yahoo.comCENTERSPACE ANNOUNCES DATES FOR THE EARNINGS RELEASE AND CONFERENCE CALL FOR THE FIRST QUARTER OF 2023April 5, 2023 | msn.comPiper Sandler Maintains Centerspace (CSR) Neutral RecommendationMarch 24, 2023 | bizjournals.comApartments owner Centerspace names Anne Olson CEOMarch 16, 2023 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Financial Companies: Centerspace (CSR) and Empire State Realty (ESRT)March 3, 2023 | msn.comCenterspace - 6.625% PRF PERPETUAL USD 25 - Ser C declares $0.4141 dividendMarch 1, 2023 | seekingalpha.comCenterspace: Weighed Down By A Higher Interest BurdenSee More Headlines Receive CSR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Centerspace and its competitors with MarketBeat's FREE daily newsletter. Email Address CSR Company Calendar Last Earnings8/01/2022Ex-Dividend for 7/10 Dividend6/29/2023Dividend Payable7/10/2023Today9/22/2023Ex-Dividend for 10/10 Dividend9/28/2023Dividend Payable10/10/2023Next Earnings (Estimated)10/30/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustryN/A SectorFinance Current SymbolNYSE:CSR CUSIPN/A CIK798359 Webwww.iretapartments.com Phone(701) 837-4738Fax701-838-7785Employees421Year FoundedN/APrice Target and Rating Average Stock Price Forecast$70.80 High Stock Price Forecast$80.00 Low Stock Price Forecast$62.00 Forecasted Upside/Downside+17.3%Consensus RatingHold Rating Score (0-4)2.17 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$2.19 Trailing P/E Ratio27.55 Forward P/E Ratio12.98 P/E Growth1.88Net Income$-13,470,000.00 Net Margins14.73% Pretax Margin17.53% Return on Equity4.45% Return on Assets1.97% Debt Debt-to-Equity Ratio0.67 Current Ratio0.03 Quick Ratio0.03 Sales & Book Value Annual Sales$256.72 million Price / Sales3.51 Cash Flow$6.02 per share Price / Cash Flow10.03 Book Value$56.86 per share Price / Book1.06Miscellaneous Outstanding Shares14,950,000Free Float14,820,000Market Cap$902.08 million OptionableOptionable Beta0.93 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMs. Anne M. Olson Esq. (Age 46)Pres, CEO, Sec. & Exec. Trustee Comp: $630.72kMr. Bhairav Patel (Age 45)Exec. VP & CFO Comp: $638.7kJoe McComishVP of Fin. and Investor RelationsMs. Michelle R. SaariVP of Marketing & CommunicationsMs. Karin M. Wentz (Age 63)Sr. VP & Associate Gen. Counsel Mr. Grant P. CampbellSr. VP of InvestmentsMs. Julie LetnerSr. VP of Talent & CultureMs. Jean DennSr. VP of OperationsMs. Susan J. PicotteVP of Asset ManagementEmily MillerInvestor RelationsMore ExecutivesKey CompetitorsUMH PropertiesNYSE:UMHRPT RealtyNYSE:RPTBrightSpire CapitalNYSE:BRSPNexPoint Residential TrustNYSE:NXRTRedwood TrustNYSE:RWTView All CompetitorsInsiders & InstitutionsCalifornia State Teachers Retirement SystemSold 586 shares on 8/21/2023Ownership: 0.122%Teachers Retirement System of The State of KentuckyBought 269 shares on 8/21/2023Ownership: 0.033%Osaic Holdings Inc.Bought 517 shares on 8/21/2023Ownership: 0.032%Nuveen Asset Management LLCSold 8,852 shares on 8/16/2023Ownership: 1.293%Public Employees Retirement System of OhioSold 284 shares on 8/15/2023Ownership: 0.134%View All Insider TransactionsView All Institutional Transactions CSR Stock - Frequently Asked Questions Should I buy or sell Centerspace stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Centerspace in the last year. There are currently 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CSR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CSR, but not buy additional shares or sell existing shares. View CSR analyst ratings or view top-rated stocks. What is Centerspace's stock price forecast for 2023? 6 brokers have issued 12-month price objectives for Centerspace's shares. Their CSR share price forecasts range from $62.00 to $80.00. On average, they expect the company's stock price to reach $70.80 in the next year. This suggests a possible upside of 17.3% from the stock's current price. View analysts price targets for CSR or view top-rated stocks among Wall Street analysts. How have CSR shares performed in 2023? Centerspace's stock was trading at $58.67 at the beginning of the year. Since then, CSR shares have increased by 2.8% and is now trading at $60.34. View the best growth stocks for 2023 here. Are investors shorting Centerspace? Centerspace saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 118,500 shares, an increase of 11.1% from the August 15th total of 106,700 shares. Based on an average daily trading volume, of 63,400 shares, the short-interest ratio is presently 1.9 days. View Centerspace's Short Interest. When is Centerspace's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, October 30th 2023. View our CSR earnings forecast. How were Centerspace's earnings last quarter? Centerspace (NYSE:CSR) announced its quarterly earnings results on Monday, August, 1st. The company reported ($0.30) earnings per share for the quarter, topping analysts' consensus estimates of ($0.63) by $0.33. Centerspace had a net margin of 14.73% and a trailing twelve-month return on equity of 4.45%. During the same period in the prior year, the company earned $0.95 EPS. How often does Centerspace pay dividends? What is the dividend yield for Centerspace? Centerspace declared a quarterly dividend on Friday, September 1st. Shareholders of record on Friday, September 29th will be paid a dividend of $0.73 per share on Tuesday, October 10th. This represents a $2.92 annualized dividend and a dividend yield of 4.84%. The ex-dividend date is Thursday, September 28th. Read our dividend analysis for CSR. What ETFs hold Centerspace's stock? ETFs with the largest weight of Centerspace (NYSE:CSR) stock in their portfolio include ALPS REIT Dividend Dogs ETF (RDOG), Residential REIT ETF (HAUS), Kelly Residential & Apartment Real Estate ETF (RESI), Nuveen Short-Term REIT ETF (NURE) and Private Real Estate Strategy via Liquid REITs ETF (PRVT).iShares Residential and Multisector Real Estate ETF (REZ). Is Centerspace a good dividend stock? Centerspace (NYSE:CSR) pays an annual dividend of $2.92 per share and currently has a dividend yield of 4.76%. CSR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 133.33%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, CSR will have a dividend payout ratio of 64.04% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CSR. What guidance has Centerspace issued on next quarter's earnings? Centerspace updated its FY 2023 earnings guidance on Monday, July, 31st. The company provided EPS guidance of $4.55-$4.75 for the period, compared to the consensus EPS estimate of $4.32. The company issued revenue guidance of -. What is Centerspace's stock symbol? Centerspace trades on the New York Stock Exchange (NYSE) under the ticker symbol "CSR." Who are Centerspace's major shareholders? Centerspace's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (18.80%), State Street Corp (6.61%), Renaissance Technologies LLC (2.85%), Heitman Real Estate Securities LLC (2.83%), Geode Capital Management LLC (2.21%) and Charles Schwab Investment Management Inc. (1.60%). Insiders that own company stock include John A Schissel, Mark Okey Decker Jr, Mary J Twinem and Rodney Jones-Tyson. View institutional ownership trends. How do I buy shares of Centerspace? Shares of CSR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Centerspace's stock price today? One share of CSR stock can currently be purchased for approximately $60.34. How much money does Centerspace make? Centerspace (NYSE:CSR) has a market capitalization of $902.08 million and generates $256.72 million in revenue each year. The company earns $-13,470,000.00 in net income (profit) each year or $2.19 on an earnings per share basis. How many employees does Centerspace have? The company employs 421 workers across the globe. How can I contact Centerspace? Centerspace's mailing address is 1400 31ST AVENUE SW SUITE 60 PO BOX 1988, MINOT ND, 58702. The official website for the company is www.iretapartments.com. The company can be reached via phone at (701) 837-4738, via email at ir@iret.com, or via fax at 701-838-7785. This page (NYSE:CSR) was last updated on 9/22/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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